SEC Form 4 · accession 0001040470-15-000033
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Hendrickson
Officer — VP OF ENGINEERING
Period of report
May 5, 2015
Accepted (ET)
May 6, 2015 · 5:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 5, 2015 | M | 6,600 | $1.95 | A | 68,513 | D | |
| Common Stock | May 5, 2015 | S | 1,100 | $2.55 | D | 67,413 | D | |
| Common Stock | May 5, 2015 | S | 500 | $2.56 | D | 66,913 | D | |
| Common Stock | May 5, 2015 | S | 500 | $2.57 | D | 66,413 | D | |
| Common Stock | May 5, 2015 | S | 500 | $2.58 | D | 65,913 | D | |
| Common Stock | May 5, 2015 | S | 500 | $2.59 | D | 65,413 | D | |
| Common Stock | May 5, 2015 | S | 2,500 | $2.60 | D | 62,913 | D | |
| Common Stock | May 5, 2015 | S | 1,000 | $2.64 | D | 61,913 | D | |
| Common Stock | May 6, 2015 | M | 400 | $1.95 | A | 62,313 | D | |
| Common Stock | May 6, 2015 | S | 400 | $2.55 | D | 61,913 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F1 | $1.95 | May 5, 2015 | M | 6,600 | D | Jul 29, 2010 | Jun 29, 2015 | Common Stock | 6,600 | 3,400 | D |
| Incentive Stock Option (right to buy)F1 | $1.95 | May 6, 2015 | M | 400 | D | Jul 29, 2010 | Jun 29, 2015 | Common Stock | 400 | 3,000 | D |
Explanation of responses
- F1One forty-eighth (1/48) of the total number of shares became exercisable on this date and an additional one forty-eighth (1/48) of the total number of shares became exercisable each month thereafter.